NIRSAL to commit 75% balance sheet to mechanised agriculture

by | November 9, 2017 4:37 pm

The Nigeria Incentive-based Risk Sharing system for Agricultural Lending (NIRSAL) is about to commit three quarter of its balance sheet to guarantee mechanization of agricultural value chain in Nigeria, according to the Managing Director of NIRSAL, Aliyu Abdulhameed. Under the new scheme launched on Thursday in Abuja, NIRSAL is providing 75 percent guarantee for banks to release…

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